Category Archive: Cryptocurrency, No picture
Behind Polygon’s Mission to Become the “AWS of Ethereum”
Key Takeaways One fast-rising star in the scalability race is Polygon, a sidechain network that is slowly becoming a second home to many Ethereum projects. In the last six months, many Ethereum dApps including leading DEXs like Aave and Sushiswap have ported their contracts to this Polygon’s Plasma-PoS chain. Since Oct 2020, the total value […]
Binance Burns $600 Million Worth of BNB Tokens
Key Takeaways Binance has completed its fifteenth quarterly Binance Coin (BNB) burn, a regular practice that keeps the coin’s value strong. The burn removed more than 1 million BNB from circulation, an amount worth more than $600 million. This could push the price of BNB to a new all-time high of $750. This news was […]
Cardano Leader Calls Dogecoin Bubble Dangerous
Key Takeaways Cardano leader Charles Hoskinson has warned that Dogecoin’s recent market rally could have a negative outcome. He suggests that the Dogecoin bubble could attract attention from lawmakers and regulators if and when it bursts. Hoskinson even promoted Cardano competitors such as Ethereum 2.0 and Algorand as strong alternatives to Dogecoin. This Exchange News […]
Dogecoin Overtakes Tether in Market Cap After Making New All-Time High
Key Takeaways Dogecoin has posted year-to-date returns of nearly 7,000%. The meme coin continues surging while the rest of the market takes the backseat. If buying pressure continues mounting, DOGE could rise to $0.36 or even $0.52. This news was brought to you by Phemex, our preferred Derivatives Partner. Dogecoin continues its staggering advance thanks […]
Pendle Finance Raises $3.5 Million to Launch Tokenized Yield Market
This news was brought to you by ANKR, our preferred DeFi Partner. In the latest major DeFi raise, Pendle Finance has raised enough to bring their vision of a secondary market for tokenized yield to the DeFi space. Pendle Finance Ushers in Defi Primitive In a round led by some of the biggest names in […]
Bitcoin Crashes after Accident in Xinjiang, China Halts Mining Operation
Key Takeaways A gas explosion and flooding at a Chinese coal mine has halted Bitcoin mining operation in Xinjiang, China. The networks’ total hashrate dropped by 64 Eh/s as central authorities conducts safety inspections. Bitcoin’s price also felt the pressure from the decline in mining power, dropping 4.3% from today’s opening price. Bitcoin’s hashrate dropped […]
Ankr Project Review: Cloud Computing for the Blockchain
Key Takeaways Ankr links idle computing power with blockchains in need of node hosting. The ANKR token is used to settle transactions between providers and end-users. They’re capable of providing this computing power for much cheaper than competitors AWS or Google Cloud. This news was brought to you by ANKR, our preferred DeFi Partner. Ankr […]
Ethereum Breaks $2,500 All-Time High
This news was brought to you by ANKR, our preferred DeFi Partner. Crypto’s leading smart contract platform, Ethereum, has set a new all-time high at $2,500. Ethereum Sets New Record High Ethereum just crossed $2,500 for the first time in its history. Source: TradingViewThe second-ranked crypto has enjoyed a parabolic run in recent months, fuelled […]
Ripple Partners With Novatti Group on XRP Adoption
Key Takeaways Ripple has announced a partnership with Novatti Group, which will see RippleNet and ODL used in remittances. The partnership will focus on Australia and the Philippines and is part of Ripple’s efforts to sign deals in the Asia Pacific region. Ripple prices are performing well, perhaps due to positive developments in Ripple’s SEC […]
Phemex Has Created a Sistine Chapel-Inspired NFT
Phemex has created a non-fungible token (NFT) that contains a mosaic made up of QR codes from participating users. Phemex’s NFT of User QR Codes Singapore-based trading platform Phemex recently conducted a promotion in which Phemex users were asked to share their ETH address as a QR code. The exchange selected 1000 wallets out of […]
